If a licence has been lost, the holder shall forthwith notify the traffic commissioner and the traffic commissioner, if satisfied that the licence has been lost and on payment of the fee specified in paragraph (5), shall issue a copy of it marked as a duplicate.

If a licence referred to in paragraph (1) is subsequently recovered by the holder he shall forthwith return it to the traffic commissioner.

If a licence becomes defaced, the holder shall forthwith return it to the traffic commissioner and on such return the traffic commissioner shall, on payment of the fee specified in paragraph (5), issue a copy of the licence marked as a duplicate.

A copy of a licence issued and marked as a duplicate in accordance with paragraph (1) or (3) shall have the same effect as the licence which it duplicates.

The fee for the issue of a duplicate licence shall be £5.

Upon the issue of a duplicate licence to him the holder shall sign it in ink with his usual signature.